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THURSDAY,
08/09/2022 - Scope SE & Co. KGaA
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The Wide Angle – Five reasons why European banks will remain a no-drama sector
Large banks will remain islands of relative stability amid the deepening energy crisis, high inflation and threats of recession and will avoid the dramatic collapses of the global financial crisis.
Stresses will develop in the form of higher loan-loss provisions and more challenged business lines, and some banks will perform better than others, but the large-bank sector will remain safely outside the boundaries of a banking crisis.
Sam Theodore offers five reasons as to why a new banking crisis will not emerge. Read the full report here.